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Tax Obligations for CICs: A Brief Overview

Tax Obligations for CICs: A Brief Overview

Community Interest Companies (CICs) are a special type of company in the UK. They have a primary goal of benefiting the community or pursuing social objectives. Their involvement in the communities goes anywhere from arts engagement or enhancing technological literacy...
Understanding assets and liabilities

Understanding assets and liabilities

One of the most important aspects of a business is understanding its business assets and liabilities. Assets are what a company owns and can use to generate income, while liabilities are amounts the company owes to others. In order for your business to be successful,...
Limited Liability Partnership

Limited Liability Partnership

A Limited Liability Partnership is like a duck billed platypus.  A duck billed platypus is a bit of every animal.  Likewise, a Limited Liability Partnership (LLP) shares many of the features of a normal partnership, blended with that of a company. Moreover, it also...